June 27, 2005 8:19 AM PDT

Cisco to buy NetSift

Cisco Systems on Monday announced plans to acquire NetSift in a $30 million deal, as the networking giant seeks to ramp up its packet processing capabilities. Cisco is acquiring the privately held company and will fold it into its Internet systems business unit.

The networking giant is seeking to increase its integration of additional packet processing into its modular switching and its other platform technologies.

 

Join the conversation

Add your comment

The posting of advertisements, profanity, or personal attacks is prohibited. Click here to review our Terms of Use.

Inside CNET News

1-2 of 12

Scroll Left Scroll Right

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

Markets

Market news, charts, SEC filings, and more

Related quotes

Cisco Systems (-0.52%) -0.10 19.90
Dow Jones Industrials (0.00%) 0.00 12,801.23
S&P 500 (-0.69%) -9.31 1,342.64
NASDAQ (-0.80%) -23.35 2,903.88
CNET TECH (-0.58%) -11.91 2,032.01
  Symbol Lookup